The Official Website Of DB Markets - Http://dbmkts.com/index.html Is Currently Unavailable. Therefore, We Can Only Collect Relevant Information From The Internet To Present A General Picture Of This Broker.
General Information And Regulations
DB Markets, Is A Trademark Of The Top Brokers Group, Purportedly A Forex Broker Founded In 2016 And Headquartered In London, UK. It Claims To Offer Its Clients More Than 230 Tradable Financial Instruments With A Maximum Leverage Of 500:1, Spreads From 0.0 Pips DB Marketsapp, Metatrader5 And Webtrader Trading Platforms, And A Choice Of Two Different Real Account Types. This Is The Homepage Of The Broker's Official Website:
As For Regulation, It Has Been Verified That DB Markets Is Not Subject To Any Valid Regulations.
Market Tools
DB Markets Advertises That It Offers Access To Over 230 Tradable Instruments In Financial Marekt, Covering Forex, Commodities (Energy, Precious Metals, Soft Commodities), Indices And CFDs On Stocks (US CFD Stocks, Hong Kong CFD Stocks).
Account Types
In Addition To Demo Accounts, DB Markets Claims To Offer Two Types Of Live Trading Accounts, Namely Standard Stp And Original Ecn, As Well As Islamic Accounts. The Minimum Initial Deposit Amount To Open Any Account Type Is $200. In Contrast, Licensed Brokers Are Allowed To Open An Initial Account With A Minimum Deposit Of $100 Or Even Less.
Leverage
The Leverage DB Markets Offers Is Capped At 500:1. It Is Important To Remember That The Greater The Leverage, The Greater The Risk Of Losing Your Deposit. The Use Of Leverage Can Either Work In Your Favor Or Against You.
Spreads & Commissions
DB Markets Claims That Different Account Types Can Enjoy Vastly Different Spreads And Commissions. Specifically, Clients Of Standard Stp Accounts Can Enjoy Spreads Starting From 1.2 Pips And Charge No Commission, While Original ECN Holders Can Enjoy Original Spreads Starting From 0.0 Pips But Pay A $6 Commission.
Trading Platforms Available
The Platforms Available For Trading DB Markets Are The DB Markets App, Metatrader5, And Webtrader. Anyway, We Recommend You To Use Mt4 Or Mt5 As Your Trading Platform. Forex Traders Praise Metatrader For Its Stability And Trustworthiness As The Most Popular Forex Trading Platform. Expert Advisors, Algorithmic Trading, Complex Indicators And Strategy Testers Are Some Of The Complex Trading Tools Available On The Platform. There Are Currently Over 10,000 Trading Apps Available On The Metatrader Market For Traders To Use To Improve Performance. By Using The Right Mobile End Points, Including Ios And Android Devices, You Can Trade Anytime, Anywhere Via Mt4 And Mt5.
Deposit And Withdrawal
From The Logo DB Markets Official Website Displayed At The Bottom Of The Home Page, We Found That This Broker Seems To Accept Multiple Deposit Methods, Including Visa, Mastercard, Tether, Neteller, Skrill, And Cryptocurrencies Such As Bitcoin, Ethereum, Etc. The Minimum Initial Deposit Requirement Is Said To Be $200, Without Mentioning What The Minimum Withdrawal Amount Is. No Deposit Is Charged.
Bonus
DB Markets Claims To Offer Some Bonuses. For Example, If You Deposit $1,000 Into Your Trading Account, You Can Get A Welcome Bonus Of $200. In Addition, You Can Apply For A New Account And Receive A $50 Bonus.
In Any Case, You Should Be Very Cautious If You Receive A Bonus. First Of All, The Bonus Is Not Client Money, But Company Money, And It Is A Very Difficult Task To Meet The Onerous Requirements That Are Usually Attached To The Bonus. Keep In Mind That Regulated And Legitimate Brokers Do Not Offer Bonuses To Clients.
Customer Support
DB Markets Can Be Contacted By Phone: + 44 1444 39 0254, Email: Support@dbmkts.com Or Live Chat.
You Can Also Follow The Broker On Social Networks Like Twitter, Facebook And Youtube.
Headquarters: 4th Floor College House, 28 King Edwards Road, Ruislip, London, Kingdom United, Wa4 7ae.
Marketing Offices: Istanbul, Dubai And Saint Vincent And The Grenadines (ibc).
